Key Takeaways The first Bitcoin ATM has been installed in Cuenca, Ecuador. The ATM has a fingerprint scanner for regulation changes in the future but no KYC. Twitter sees a mixed reaction from people. While the majority are happy and…
Key Takeaways A bill has been proposed in Russia that aims the introduction of the NFTs into the Civil Code of the Russian Federation. The law is supposedly introduced to protect the rights of Russian NFT Owners. There has been…
Key Takeaways: Terra Luna confirms that no dApps have been released or launched on Terra 2.0 network. The recent historic crash of Terra environment tokens has been acting as an advantage for some. Today, the TerraForm Labs took to Twitter…
Key Takeaways Co-founder of BitMEX sentenced to two years of probation for violating banking confidentiality. The United States holds BitMEX responsible for questionable transactions worth hundreds of millions of dollars. Arthur Hayes spent the first six months of his sentence…
Key Takeaways George Jarkesy Jr. was charged by the SEC with violating federal securities law. The case was heard by an administrative law judge. The defendant’s constitutional right to a jury trial may have been infringed by in-house judges. George…
Key Takeaways: Hashed has lost nearly $3 billion as a result of the Terra (LUNA) crash. Delphi Digital, a boutique investor and research business, has always had reservations about the structure of UST and LUNA. The company put $10 million…
Key Takeaways: Julius Baer Group will be issuing bitcoin and other cryptocurrency products to high-net-worth people. They are witnessing a bubble similar to the dot-com bust, which gave rise to a new industry. The bank initially teamed with bitcoin bank…
Key Takeaways Canaan released its preliminary financial statistics for the three months that ended March 31, 2022. COVID-19 caused significant logistic and macroeconomic disruptions, which led to an increasingly unstable environment in 2022, Mr. Nangeng Zhang said. Revenues were RMB1,356.1…
Key Takeaways The South Korean government commissioned a report recommending that crypto exchanges and token issuers be licensed. The proposed laws would be stricter with penalties for non-compliance than the current Capital Markets Act. The report also calls for new…
Key Takeaways Terra’s native assets LUNA and UST have been de-pegged. South Korean lawmakers want to question Do Kwon on this issue. The National Assembly’s Political Affairs Committee conducted a meeting to discuss the network’s damage. The native assets LUNA…
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